Foresight News reports that Bit Digital's wholly-owned subsidiary WhiteFiber has submitted an S-1 statement to the U.S. Securities and Exchange Commission (SEC) regarding the proposed initial public offering (IPO) of WhiteFiber's common stock. Previously, Bit Digital focused on Ethereum native vaults and staking strategies, and began accumulating and staking ETH in 2022, primarily operating Ethereum staking infrastructure.